Action is needed to secure future livelihoods in developed and emerging economies, says the OECD Development Centre – OECD

Securing Livelihoods For All: Foresight for Action, a report that uses a foresight approach to develop five possible livelihood landscapes for the world in 2030, shows that vulnerability and the risk of falling back into extreme poverty remain high in the face of a changing global context.

In most developing regions, 80% of people feel they are struggling or even suffering in their daily lives, rather than thriving. Furthermore, emerging trends in the economy, technology, demography, environment and security could negatively impact livelihoods – defined as the ability to support oneself and thrive now and in the future – in the next decades.

“The outlook for livelihoods is fragile. Emerging global trends are creating a lot of uncertainty, and we need to find innovative ways to ensure resilience of livelihoods”, said Carl Dahlman, Head of Global Development Research at the Development Centre. “Still, in all middle and low-income countries, people generally think that the future will be better than the past or the present. The greatest optimism is in the East Asia-Pacific region” he added.

Chosen excerpts by Job Market Monitor. Read the whole story at Action is needed to secure future livelihoods in developed and emerging economies, says the OECD Development Centre – OECD.